Friday, June 29, 2012

Another epic failure of "YES WE CAN"! Abound Solar GONE!

By Mark Jaffe, The Denver Post 06/28/2012 - 3:36 PM EDT

The bankruptcy of Abound Solar, the solar panel maker with facilities in Longmont, Loveland and Fort Collins, will cost taxpayers $40 million to $60 million, according to the U.S. Department of Energy.
The company will close its doors next week and file for liquidation, according to a company statement. The closing will affect about 125 workers.
In July 2010, Abound received a $400 million loan guarantee from the DOE to build an Indiana factory and expand its Longmont plant.

Follw the link to read more. For me I've seen enought BullShit to last a life time!

Bankruptcy of Colorado's Abound Solar could cost taxpayers $60 million

If you want a detailed article read this one.  Details the Denver liberal didn't tell you about.

At the center is wealthy Colorado philanthropist Pat Stryker, whose Bohemian Companies had significant investment in Abound. News Web site The Complete Colorado revealed “fingerprints” of a “pay-to-play agenda” when Abound received its conditional approval in September 2010. Stryker had donated $475,599 to federal Democrat candidates and causes over the 2008 to 2012 election cycles, according to the Center for Responsive Politics. Included in that amount was $11,900 in maximum contributions to President Obama’s two campaigns for the White House, and Stryker also was an $87,500 bundler for the president’s Inaugural Committee, the People’s Press Collective discovered, and she donated $50,000 herself. The Sunlight Foundation also reported that she gave $35,800 to the 2012 Obama Victory Fund, and in October 2009 Stryker also visited the White House.
Yes we can! Strip you of every dime!


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